jemerriuslittle68 jemerriuslittle68

24-05-2019
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Which of the following was the most significant contribution of the Federal Reserve Act of 1913 to America's economic policy?

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theenesh12344 theenesh12344

31-05-2019

Answer:

The Federal Reserve Act of 1913 instituted monetary policy as an instrument of control of the financial system. It should be noted that this policy also allowed the Federal Reserve to control the interest rate charged in the banking system, bringing greater uniformity and stability in the system

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